The idea proposed is not a current reality, as Arizona holds Bitcoin as part of its state assets. Proponents argue that this could hedge against inflation, diversify investments, and enhance Arizona's status as a leader in technology. However, there are still legal challenges and others related to volatility. While a full reserve is complex, Arizona has explored legislation regarding cryptocurrencies. This concept reflects the growing interest in digital assets in state governance discussions nationwide.

Recent update: On April 28, 2025, the Arizona legislature passed bills to create a Bitcoin reserve and invest up to 10% of public funds in it. These bills are now awaiting the governor's approval. If signed, Arizona will be the first U.S. state to officially hold Bitcoin as part of its treasury.